Question
Which method is used by Hicks to eliminate the income
effect when price of a product is changedSolution
Hicks has separated the substitution effect and the income effect from the price effect through compensating variation in income by changing the relative price of a good while keeping the real income of the consumer constant.
They had to put of the garden party because of the heavy rain.
Directions: In each of the questions, a sentence has been divided into four parts, one of which may contain an error. Identify that fragment and mark i...
Choose the grammatically correct sentence.
Everyone knows that (1)/ the Earth revolves around the sun, (2)/ but there are still some people (3)/ who denies it. (4)
In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option...
The State is ahead in the  agriculture sector and is expected to become self-reliant in food grain production in three to four years.
With wealth reaped from corruption, politicians have more than enough money to engaged the best lawyers and sail smoothly all the way from the lower cou...
Read the given sentence to find out whether there are any grammatical/contextual errors in it. The errors, if any, will be in two of the phrases of the...
The complete of education marking a turning point in the life of every individual.
I am going to a holiday to Pachmarhi tomorrow.